US Drivers Remain Skeptical of Self-Driving Cars
American consumers remain wary of autonomous driving technology. One exception is an advanced emergency braking and steering system for which they are willing to pay significant premium.
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Paul Ausick
Most Americans Don’t Mind Paying Taxes, but They Want Everyone to Pay
According to a new report, 62% of Americans say it bothers them "a lot" that some corporations do not pay their fair share of federal income tax and 60% are bothered "a lot" that…
Americans Spend 5 Hours a Day on Their Mobile Devices
The time Americans spend using their mobile devices has nearly doubled in four years. Social and messaging apps command a large percentage of that time, but entertainment, especially video, is growing fast.
10 Most Eco-Friendly Cars for Earth Day 2017
Earth Day 2017 is this Saturday, and just in time for your weekend car shopping trip, Kelley Blue Book has issued a list of its top picks for hybrid, plug-in hybrid and all-electric vehicles.
Why Johnson & Johnson Raised Guidance After Missing Sales Estimates
Health care giant Johnson & Johnson missed sales estimates but beat analysts' profit target. The $30 billion acquisition of Actelion has been included in revised guidance for the 2017 fiscal year.
March Housing Starts Dip 7%, Permits Up 17%
Housing starts fell 6.8% month over month in March, but are up 9.2% year over year. New permits rose 17% year over year.
Why Goldman Sachs Earnings Disappointed Investors
Goldman Sachs missed revenue and profit estimates this morning. Lower trading revenues and flat fixed-income revenues combined with higher expenses get the blame.
How Dumping ACA Exchanges Boosted UnitedHealth’s Profits
Exiting the ACA individual exchanges boosted UnitedHealth's profit while nipping its revenues and subscriber numbers. The company also raised its outlook for full-year revenues and profits.
Why Netflix Says It’s All Grown Up Now
Netflix posted earnings that beat estimates and revenues that matched estimates, but the company's subscriber growth stalled.
Could United Airlines Earnings Ever Have Been Good Enough?
United Continental beats both revenue and profit estimates, but investors remain cautious following incidents with overbooked passengers.
Valeant, QEP Resources Slide into Monday’s 52-Week Low Club
QEP Resources, Valeant, Vince Holdings, and New York Community Bank all posted new 52-week lows Monday.
Boeing, Nike Drive DJIA Higher Monday
Boeing, Nike, JPMorgan, and UnitedHealth led the DJIA higher on Monday.
Boeing to Fire Hundreds as Aircraft Sales Slow
Boeing has announced that it will lay off "hundreds" of engineers and technical staff in June. The company has reduced its total labor force by more than 7% since March of last year.
What Default Rates on Subprime Auto Loans Are Telling Us
Defaults on subprime auto loans may be the canary in the coal mine. Nearly a quarter of U.S. banks are expecting consumer loan delinquencies to rise in 2017.
Why HCA Holdings Stock Tumbled Monday
Hospital services provider HCA announced disappointing preliminary financial results for the first quarter of 2017. Shares tumbled more than 3% at the opening bell.
Cloudera Sets IPO Pricing, Terms
Big data software platform provider Cloudera has set terms for its coming IPO. The company plans to offer 15 million shares in an expected price range of $12 to $14. This is not particularly…
Gas Prices Rise in 41 States, Hit $2.41 Nationwide
U.S. gasoline pump prices rose just more than a penny over the past week to $2.41 a gallon. Prices rose in 41 states, and U.S. drivers can look for more increases to come as…
Kleinfeld Out as Chairman, CEO of Arconic
Arconic chairman and CEO Klaus Kleinfeld resigned his positions with the company this morning, meeting a demand levied by activist investor Paul Singer's Elliott Management.
US Drivers Distracted by Their Phones on 88% of Trips
U.S. drivers are paying less attention to the road and more to their smartphones. This is one form of distracted driving, it is killing thousands of Americans every year, and it is getting worse.
Will Alibaba Prevail in Bidding War for MoneyGram?
Alibaba's Ant Financial unit has upped its bid for MoneyGram to $1.2 billion, or $18 a share in cash. Will the bidding war with Euronet continue or will the deal now come down to…